56 488 Furness St, New Westminster BC V3M 5B3 – Townhouse for Sale – MLS® R3179948

56 488 Furness Street, New Westminster, British Columbia V3M 5B3

10 days on the market
$899,900
Est. monthly cost $4,273/mo
Updated with MLS® -
3 Beds
3 Baths
1240 sqft
726 $ /sqft
286.27 $ Maint. fee
2023 built
10 days on the market
$899,900
Est. $4,273/mo with 20% down
Updated with MLS® -

Property Details for 56 488 Furness Street

Masterpiece of art built by luxury builder Anthem. Almost brand new! Seller don't live in much. This 3 Bed home has an attached tandem 2 car garage, vaulted ceilings in the master bedroom, and spacious living areas. Your new favorite shops, restaurants, and parks are right here in the Queensborough community and just across the river in New Westminster. Day care and river view pathways right at your door. You can walk your kid to day car and relaxing after work with wonderful river view.

Building Details

Price $899,900
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1240
Year Built 2023
Age Of Building 3
Building Type Townhouse
Property Type Residential
Architecture Style 3 Storey
Stories 3
Building Amenities Maintenance Grounds, Management
Ownership Type Freehold Strata
Maintenance Fee $286.27
Amenities Nearby Maintenance Grounds, Management
Utility Type Electricity Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Tandem
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allwd w/Restrctns,Smoking Restrictions
Pet Restrictions Yes With Restrictions

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Baseboard
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Attached

Lot & Land

MLS® # R3179948
Area New Westminster
Neighbourhood Queensborough
City New Westminster
Postal Code V3M 5B3
Gross Taxes $4,333
Zoning CD-42

Property Timeline

Status Date Price
R3179948 / Active 10-29-2026 $899,900
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 11'3 x 11'3 ft
Main Level Dining Room 11'3 x 11'3 ft
Main Level Kitchen 7'11 x 7'11 ft
Above Level Bedroom 11'3 x 11'3 ft
Above Level Bedroom 8'11 x 8'11 ft
Above Level Bedroom 9'2 x 9'2 ft
Above Level Walk-In Closet 8' x 8' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #4
Above Level Yes #4

Listed by: LeHomes Realty Premier

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

About the building: Portside

488 Furness Street, Queensborough, New Westminster

Portside building details

Building

Built
2023
Homes
170 in 3 storeys
Construction
Frame - Wood
Title
Freehold Strata
Strata plan
EPS6825
Managed by
Rancho
Parking
Grge/Double Tandem, Garage: Double
Lockers
Limited
Strata fee covers
Snow removalSewerManagementGardeningGarbage Pickup

Bylaws on record

Pets
Restricted
Cats and dogs OK, max 2
Rentals
Allowed

Market at Portside

For sale
5
Median ask
$900K
Median $/sqft
$661
Days on market
45
Sold, past year
4
This home

$726/sqft, 9.8% above the building median of $661.

  • Still inside its 2-5-10 new-home warranty — building-envelope coverage to 2028, structural to 2033.

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 1.38 km · New Westminster Secondary School 6.7/10 · 2.27 km · crime average · sell-speed score 44/100 (may take longer) · flood lower risk · wildfire low

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Restaurants (5 nearby)

  • Rozzini's · 115 m · Restaurant
  • Epic grill silogs · 760 m · Restaurant
  • Dan's diner · 944 m · Restaurant

Groceries (2 nearby)

  • Steel & oak tasting room · 751 m · Beverages
  • Bc liquor · 917 m · Beverages

Shopping (1 nearby)

  • Peonies fine flowers · 941 m · Florist

Cafes (1 nearby)

  • Living tree foods · 992 m · Cafe

Transit (1 nearby)

  • Bus stop eastbound ewen ave @ wood st · 954 m · Transit

Public Schools

Secondary
New Westminster Secondary School
Average 2.27 km 6.7/10
Middle
Queensborough Middle School
1.24 km
Elementary
Queen Elizabeth Elementary School
Average 1.58 km 6.5/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average 0.89 km 10/10
Elementary,Secondary
John Knox Christian - Secondary Campus
Above Average 0.89 km 10/10

Closest Transit

Bus Stop
Southbound Furness St @ Ewen Ave
0.15 km
Skytrain
Skytrain @ New Westminster Stn
1.38 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Average 28%
No Certificate/Degree
Average 14.6%
Owner Occupied
Above Average 82.9%
Employment Rate
Above Average 66.9%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Possible
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

44 / 100
Overall sell-speed score
May take longer
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Possible — near transit
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How QUEENSBOROUGH compares
This property
10 DOM
Very fast
Queensborough avg
51 DOM
Average
New Westminster avg
51 DOM
Slower market

56 488 Furness Street has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The local market is currently a Buyer's Market with a sales-to-active ratio of 8.1% and an area average of 51 days on market — buyers have more leverage. With 62 competing homes currently listed, this property has moderate competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3M 5B3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3M 5B3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline. Nearest station: North Delta, Delta (~4.6 km). Annual avg AQHI 2.1 — Low Risk.

Heat Moderate

New Westminster currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

23 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

John Knox Christian - Secondary Campus

Independent

Grades Served

—

Catchment Info

—
9.2 / 10

Distance

895 m

POWER Alternate Secondary School

Public

Grades Served

10-12

Catchment Info

—
4.8 / 10

Distance

961 m

Queensborough Middle School

Public

Grades Served

5-8

Catchment Info

In Catchment
N/A

Distance

1.24 KM

Royal City Alternate Program

Public

Grades Served

8-11

Catchment Info

—
N/A

Distance

1.27 KM

Fraser River Middle

Public

Grades Served

—

Catchment Info

—
5.8 / 10

Distance

1.41 KM

Purpose Independent Secondary School

Independent

Grades Served

8-12

Catchment Info

—
4.0 / 10

Distance

1.49 KM

Lord Tweedsmuir Elementary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

1.54 KM

Queen Elizabeth Elementary School

Public

Grades Served

K-4

Catchment Info

In Catchment
6.5 / 10

Distance

1.58 KM

Lord Kelvin Elementary School

Public

Grades Served

K-5

Catchment Info

—
5.7 / 10

Distance

1.72 KM

Compass Christian New West

Independent

Grades Served

—

Catchment Info

—
6.4 / 10

Distance

1.75 KM

Al-Hidayah School

Independent

Grades Served

—

Catchment Info

—
4.0 / 10

Distance

1.83 KM

Connaught Heights Elementary

Public

Grades Served

—

Catchment Info

—
6.9 / 10

Distance

2.07 KM

New Westminster Secondary School

Public

Grades Served

9-12

Catchment Info

In Catchment
6.7 / 10

Distance

2.27 KM

St. Thomas More Collegiate

Independent

Grades Served

—

Catchment Info

—
8.3 / 10

Distance

2.29 KM

Sigma

Public

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

2.37 KM

Twelfth Avenue Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

2.44 KM

Bridgeview Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.3 / 10

Distance

2.54 KM

Taylor Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.7 / 10

Distance

2.61 KM

New Westminster Continuing Education

Public

Grades Served

—

Catchment Info

—
6.7 / 10

Distance

2.63 KM

Herbert Spencer Elementary School

Public

Grades Served

K-5

Catchment Info

—
6.9 / 10

Distance

2.65 KM

Our Lady of Mercy

Independent

Grades Served

—

Catchment Info

—
10.0 / 10

Distance

2.73 KM

Royal Heights Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.5 / 10

Distance

2.80 KM

Ecole Glenbrook Middle School

Public

Grades Served

—

Catchment Info

—
6.5 / 10

Distance

2.97 KM

Pre-computed routes from 56 488 Furness St, New Westminster, BC

By transit (Skytrain)

  • Downtown Vancouver via New Westminster → Waterfront
    49 min
  • Metrotown, Burnaby via New Westminster → Metrotown
    31 min
  • SFU Burnaby via New Westminster → Production Way
    29 min
  • Richmond Centre via New Westminster → Brighouse
    74 min
  • YVR Airport via New Westminster → YVR-Airport
    75 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    20 min
  • Metrotown, Burnaby via Lougheed Hwy
    8 min
  • SFU Burnaby via Gaglardi Way
    8 min
  • Richmond Centre via No. 3 Rd
    18 min
  • YVR Airport via Bridgeport / Sea Island
    22 min

Calculate your commute

56 488 Furness St, New Westminster, BC is ideally located for commuters. The property is 1.4 km from New Westminster, with a 49 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Southbound Furness St @ Ewen Ave (0.15 km). Walk Score Transit rating: Good Transit (53/100).

Walkability & Transit Near 56 488 Furness Street

Walk Score Badge
Car-Dependent 37

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Good Transit 53

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Bikeable 53

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $4,273/month · rent estimate $3,336/month · owning nets $39/month less than renting · cash flow if rented −$1,160/month

Mortgage Calculator for 56 488 Furness Street

30-year fixed
$4,273 /month
Principal & Interest $3,626
Property Taxes $361
Maintenance fee $286

The estimated monthly cost of 56 488 Furness Street, New Westminster is $4,273: $3,626 principal and interest with 20% down over 30 years at 4.45%, plus $361 property tax and $286 strata fee.

or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$1,160 /month
Mortgage Payment $3,626
Monthly Cash Flow −$1,160
Break Even Down Payment 46%
Cap Rate -1.5%
Cash on Cash -7.7%

If 56 488 Furness Street, New Westminster were rented at $3,336 a month with 5% vacancy, it would fall $1,160 a month short of the mortgage and carrying costs; about 46% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 56 488 Furness Street, New Westminster

$3,336 / month
Rent $3,336
Own $4,273
Principal: $1,166/mo Interest, tax, insurance, fees: $3,107/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$976/mo (year 1) → ~$2,271/mo (year 20) → ~$3,387/mo (year 29).

Net cost to own at year 5 ~$3,107/mo About $229/mo less than renting

EstateBlock estimates 56 488 Furness Street, New Westminster would rent for about $3,336 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 56 488 Furness Street

Rent vs own

Owning nets $39/mo less than renting

With 20% down ($179,980) at 4.45%: $3,297/mo net cost to own in year 1 vs $3,336/mo rent

Principal paid off by year 5 $64,154
Principal paid off by year 10 $144,263

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Owning 56 488 Furness Street, New Westminster nets about $39 a month less than renting it in year 1, with $64,154 of principal paid off by year 5 and $144,263 by year 10.

Price vs Neighbourhood Average — Queensborough, New Westminster

Beds Home Types Square Feet Lot Size Year Built
This Home $899,900
New Westminster Loading...
Queensborough Loading...

No active comparable properties are currently available for this property type in New Westminster. The price evaluation chart will update as similar listings enter the market.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

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Dan Marusin
Renanza Realty
778-918-5990
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Walkability & Transit Near 56 488 Furness Street

Walk Score Badge
Car-Dependent 37

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Good Transit 53

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Bikeable 53

Bike Score - Bikeable

Some bike infrastructure

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